China promises companies aid, says growth targets can be met amid outbreak

At a news conference, finance and planning officials said they are looking at how to channel aid to businesses after President Xi Jinping publicly promised over the past week to ensure farming and other industries recover quickly.

"We will do a good job of implementing large-scale interest rate reduction and tax deferral and ensure effective implementation as soon as possible," said Ou. Asked whether Beijing planned to reduce its economic growth targets for the year, the general secretary of the Cabinet's planning agency, the National Development and Reform Commission, expressed confidence the virus's impact would be brief.

Donald won't like this.

China is becoming a danger to the planet.

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New coronavirus cases fall in China, but WHO concerned by global spread‘Our biggest concern continues to be the potential for COVID-19 to spread in countries with weaker health systems,’ WHO chief said the hell they do fall...nobody trusts any numbers from china be they financial/economic or societal/healthcare... Is this virus man made? It seems to target humans very quickly with a high death rate so far. And don't give me that crap people have been using antibiotics too much. Pharma companies use live viruses to test antibiotics. Looks like this one got away. Nasty. This is fakenews!
Source: globeandmail - 🏆 5. / 92 Read more »